The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use even for people with no programming experience, and offers a variety of options that will take trades to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that were opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will help you make the most out of any trading plan.